The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1887-06-04
CHATTER
H4nEre Charles Hoop snR sfnFe
Factory CSrE,Rnny-
STATE OF LOUISIANA, D
PARISH oF CA1cAsnGli, y

STATE OF LOUISIANA, ) /
PARISH oF CAAcAsnsu, 1
Town OF IiAKIi eIiAftERs. i
DE Ia KNOWN, That on this 5th day Of
- May a the year One Thousand d sight 1nn- |
Of the United States the 0Ae Hundred and
Eleventh before me Tli1naat ffletnreteT, o. Notary
Public in and iar Cnleasea Parish state Of As9qi.
siana duly commissioned and qualified and in the
presence 81 witnesses hereinafter named and I'M i
dersigned, personally came and appeared the soy
enal persons whose names are herenno 81 0scflbeat
who declared that ayailina themselves Of the pro
visions Of the laws Of this State relative 10 the or
eani1ation Of corporations, they have contracted
and agreed and DO BY these presents, covenant
and agree and bind themselves AZ vel aa such
persons ~ may hereafter become associated with
them 10 form and constitute q corporation and
haily polite IN law for the objects and purposes
aud under the agreements and st1luitions hollow
'i's ARTICLE
The name and titln Of said corporation shall be
the LAKE CHARLES HOOP AND SIANE
FACTORY COMPANY, and under It's said name
Il shall have power aud authority to have and en-
soy succession for 4he full term and period of
twenty-five years from and after the date hereof,
to contract, sue and be sued 70 make and use n
cOfDOrate seal and the same to break on alter at
pseasure "a hold receive, lease, purchase and
convey lbs corporate name, properly, both real
mud personal oDame and npp0int sueh managers,
directors officers and agents as the interests and
convenienos Of said corporation may require and
to make and establish such bylaws, rules md reg
ulatOns for tile proper Inaliage Of the atiairs
OF said corporation may be necessary and
proper and the same to change, alter and amend
at pleasure
The lonieile Of said corporation shall be in the
town Of Lake Charles State Of Louisiana, and all
citations Or other legal processes shall be served
81 his absence the Vice President, or of absence
Of both Of these oaioeFs, upon the Secretary
thereof -
The objects and purposes for which this oorpor.
alton Is established and the mature of the business
To be- carried on by Il are declared and specified to
be the manufaeture and sale Of Barrel Hoops and
Barrel Slaves and Wooden Ware generally.
ARTICLE ".
Tho capital stock of this corporation Is hereby
fixed at the sum of Two Thousand and Six Hun.
dred Dollars, divided into and represented by
Twenty-six coy shares of One Hundred Dollars
each, twenty per eentum of said shares to be paid
| at the time Of subscribing, and the balance IN
equal installments of ten per eentum, to be paid
monthly thereafter, until each subscription is
'D''' P'''1 up ARTICLE v.
The corporate powers Of this corporation shall
be vested N and exercised BY Board Of Directors
composed Of Ave stockholders, each of whom
| shall own III his own name, at least ono ahare OF
/ the capital stock OF said company. Said directors
| shall lie elected annually on the first Monday In
| january BEGINNING with tho first Monday In Jan
naTy issa aisl al such elections shall 10 by bal
lot and conducted at the Office Of said COMPANY
/ under the superintendsnse Of tlirne commission
| ere 10 be appointed by tho Board Of Directors
| Ten DAYS prior notice Of said election shall b,
| given by publication In one Of the newspaper
/ published "a tho town of Lake Charles, State o
! Louisiana, and the directors tlsn elected shall
serve and continue in Office until their successor
shall havs been elected and qualified. Each stock
holder shall be entitled 70 east either N person o
By proxy, one vote f9r each and every share Q
atOek held by him In his own name, and q ma
iOrity of the votes cast shall elect. A failure L
elect directors on the date above specified ahal
not dissolve the corporation but the then exist
ing Board of Directors shall continue TO holi
sffiGe and another election shall be held as sOOl
az may be thereafter, whereof ten days prior nc
tioe shall be given IN one newspaper Published 1
the town of Lake Charles, Louisiana NRcannie
occurring In said Board from any cause whatever
shall be hlled by the remaining directors, and hy
members of said Board shall constitute quQrUI
for the transaction of business Said Board q
Directors Mt their FIRST meeting each wear sha
elect out Of their own number President and
Vice President, and shall also elect a SeGretar
"A and q TTeRsursT--both OtiCesmay be included
Ons--as well rs appoint from time to time, an
dismiss at their will, such officers clerks q
agents and other employees as may be .deeme
necessary for the business and purpose Of sal
| company and to make and establish, as well q
amend and alter, all bylaws, rules and regulation
deemed requisite for the support and management
OF the affairs and business of said corporation
Said Board of Directors shall have full aIithOrit
to borrow money, execute mortgages, issue n0te
i
property and make contracts and generally to d
, and permit all things md acts and matter@pert
nent to tho objects purposes of said eDrp0Into
or which are OF may be permitted by the laws 81
| plicable to corporations and also 10 issue and d
liver full paid shares 10 the stock or bonds
obligations OF said corporation, at no less tina
par in payment Of labor done or money bOTT0we
> or property rights actually received by sal
ARTICLE-vL
In the ease Of failure on the part of any SUI
i scfiber to pay the insta1lments on his stock
unired the Board of Directors shall have the q
ti0n after thirty days written notice to the deli
quent Of tOrfeiting the stock and selling IL for Il
I benefit Of the company, or Of compelling, by sui
Q | the naylnent of such installmeltB; and no stoc
holder shall be permitted to vote whilst in denul
ARTICLE VII
Whenever this corporation may be dissOlVel
either By limitation or from any other cause |
!. affairs shall be liqudated by three commissioner
chosen from among the Stockholders, at gener
/ meeting Of the stockholders oOnvened after thir
. days prior notice, published in o newspaper
Lake Charles and by the vote Of q majority
d amount Of the capital stock Of said corporation
said commissioners shall remain IN Office until Il
affairs Of said corporation shall have been full
, Hquidated; and in the case Of the death Of one
l. more of said commissioners the survivors or su
vivOr shall continue to act.
ARTICLE VIII
This act of incorporation may BIO changed mod
i fed or altered said corporation dissolved wit
the assent of three-fOurthB of the capital stOS
a represented at any general meeting Of the stoc
holders of said corporation e0nvened for sue
q purpose, after thirty days notice of such meetn
shall have been given by advertisement in new
, paper published In Lake Charles; and the capt.
> stock of said corporation may be increased wit
4 the assent of aj0rity of the entire stock of sa
4 corporation, expressed at meeting held for thu
4 purpose after thirty days notice of such lleetn
shall have hsen gisenby advertisement ~ one
n the newspapers published in Lake Charles, In
/ and after forty days prior notice, in writing, j
mail to each stakeholder.
> ARTICLE TX.
No stOelholder shall ever be held liable or T
y sponaible for the contracts falts of said O.
porRtion In any further slim than the unpaid ba
1, anee due on the shares of stock owned by hin
= have the effect Of wondering this charter null
Ofexposing a stakeholder to any liahiiitS beR0a
I, the amount Of his stock.
ARTICLE x.
The following named perssaa shRll eOnstitu
the first Board Of Directar9 If this eGrpOratie
tO-wit: RICHARD GUM, y. q. POWELL, D.
FOSTER, II. j. WAKEgSRlD and RILEY MoOER an
!, / in january 1880, or until their successors aha
q have been dnly 9leeted and qualified
Thus done aHlEnassea IN my office in the tow
n OF Lake CHARLES, On the day and In the mont
y and year frat abpys written, and b the prssen,
z / of MessrR AZ IN Mayo and III @. Drew hOtl, (
Y these presents with said appearers and me- NJ
! ! taRy, after due reading.
Z RICHARD GUNN,.....,.,....s e share
j. G. iFOANEl4L...,.,.,......,-
ID, NJ. sfDSFEk-s +"
1 u j. W4lAhEIl1
JtfLEY sMOOER....s, 2
: j. al. MCCAIN. s...s.....s..,..,. I"
! lU,.,,o..as II a. M. MAYO,
/ Before me, TH0s KLEINPETER,